About Naadam
Naadam is a company based in New York (United States) founded in 2013 by Matthew Scanlan and Diederik Rijsemus.. Naadam has raised $16 million across 1 funding round from investors including Plug and Play Tech Center, U-Start and Trail Post Ventures. Naadam offers products and services including Cashmere Sweater, Tees, and Accessories. Naadam operates in a competitive market with competitors including Askov Finlayson, The Recycled Planet and Oliver Charles, among others.
- Headquarter New York, United States
- Founders Matthew Scanlan, Diederik Rijsemus
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 1 rounds
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Latest Funding Round
$16 M (USD), Series A
Jul 17, 2018
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Products & Services of Naadam
Naadam offers a comprehensive portfolio of products and services, including Cashmere Sweater, Tees, and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Warm sweater made from sustainable Mongolian cashmere for everyday wear.
Casual tops crafted from organic cotton or cashmere materials.
Items like hats and combs from natural, sustainable sources.
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Funding Insights of Naadam
Naadam has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series A round of $16 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $16.0M
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First Round
First Round
(17 Jul 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series A - Naadam | Valuation | Vanterra Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Naadam
Naadam has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, U-Start and Trail Post Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Stage-Agnostic tech & offline focused VC Firm investing in Europe, Israel and the US
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Founded Year | Domain | Location | |
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Trail Post Ventures is focused on investing in consumer brands.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Naadam
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Naadam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Naadam Comparisons
Competitors of Naadam
Naadam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Askov Finlayson, The Recycled Planet and Oliver Charles, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand selling winter wear for men and women
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| domain | founded_year | HQ Location |
Sells eco-friendly winter wear directly to consumers for men and women.
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| domain | founded_year | HQ Location |
Platform offering sweaters for men and women
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Naadam
Frequently Asked Questions about Naadam
When was Naadam founded?
Naadam was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Naadam located?
Naadam is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Naadam?
Matthew Scanlan is the current CEO of Naadam. They have also founded this company.
Is Naadam a funded company?
Naadam is a funded company, having raised a total of $16M across 1 funding round to date. The company's 1st funding round was a Series A of $16M, raised on Jul 17, 2018.
What does Naadam do?
Naadam was founded in 2013 in New York, United States, as an internet-first brand in the apparel sector. Luxury winter wear is provided for men, women, and kids through its online platform at naadam.co. Operations are managed from the United States, with leadership provided by co-founders Matthew Scanlan as CEO and Diederik Rijsemus as COO. Focus is placed on direct-to-consumer sales in the fashion industry.
Who are the top competitors of Naadam?
Naadam's top competitors include Askov Finlayson, Oliver Charles and The Recycled Planet.
What products or services does Naadam offer?
Naadam offers Cashmere Sweater, Tees, and Accessories.
Who are Naadam's investors?
Naadam has 5 investors. Key investors include Plug and Play Tech Center, U-Start, Trail Post Ventures, Torch Capital, and Vanterra Capital.